Driven by substantially higher income from gold and base metals, Homestake Mining Co. reported a 36% increase in operating earnings during this year’s second quarter. The giant United States mining co…
In reference to a letter to the editor from J. H. J. Morgan (N.M., Aug 8/88), certain statements were made about Canamax’s 100% owned Kremzar project. I would like to point out some inaccuracies in hi…
Shaft sinking adjacent to the largest high grade uranium deposit in the world at Cigar Lake, Sask., should re-commence this week. Regina-based mining contractors Thysson Mining Construction of Canada …
A recent option agreement giving Minnova Inc. (TSE) the right to earn a 70% interest in the Victory property held by Pacific Minesearch (VSE) adds yet another project to Minnova’s already extensive ex…
Blue chip stocks featured prominently in weekly trading on the Montreal Exchange this week as a slumping gold price led the market lower. Most active issue on the exchange was Falconbridge with more t…
Toronto-based Glencairn Explorations (ASE) is attempting to bring a Brazilian placer diamond operation into production by the second quarter of 1989. Owned by Mineracao Piracicaba of Rio de Janeiro, …
An expanded drill program is about to begin on the remote Turquetil property where partners Dejour Mines (TSE) (50%) and Noble Peak Resources (ASE) (50%) have obtained some good intersections. Located…
Calgary-based Golden Star Resources (ASE) recently added a Bolivian polymetallic property to its list of South American mineral assets. Located in the Andes mountain range, near the Argentina border, …
I write you because I am concerned with Madeleine Mines of which I possess 1,500 shares. I refer to two 1988 articles in The Northern Miner, one March 14, the other July 18. The first one mentioned th…
A second deep drill hole has been completed at the Paymaster gold property at Timmins, Ont., partners Associated Porcupine Mines (TSE) and American Reserve Mining (ME) report. The hole was drilled to …
With gold prices in the $427(US) per oz range and the market still sleepwalking through summer, it’s hardly surprising that there wasn’t much action during trading this week. Volumes were generally lo…
Investors scrambled to salvage what little they could following a week-long slump which culminated in a savage 64-pt drop yesterday and today. Last month’ s rally, which set a post-October 19th cras…
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